iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Short Interest Down 34.9% in August

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 288,805 shares, a decrease of 34.9% from the August 15th total of 443,410 shares. Based on an average daily volume of 467,630 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares iBonds Dec 2028 Term Treasury ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Ascentis Independent Advisors bought a new position in iShares iBonds Dec 2028 Term Treasury ETF in the 1st quarter valued at about $33,000. Towne Trust Company N.A increased its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 9.7% during the 1st quarter. Towne Trust Company N.A now owns 12,400 shares of the company’s stock worth $276,000 after purchasing an additional 1,100 shares in the last quarter. Pinnacle Bancorp Inc. increased its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 4.3% during the 1st quarter. Pinnacle Bancorp Inc. now owns 16,163 shares of the company’s stock worth $360,000 after purchasing an additional 671 shares in the last quarter. Basepoint Wealth LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the first quarter worth approximately $510,000. Finally, Reliant Wealth Planning raised its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 0.7% in the first quarter. Reliant Wealth Planning now owns 92,278 shares of the company’s stock worth $2,056,000 after purchasing an additional 670 shares during the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

Shares of IBTI traded up $0.02 during trading hours on Thursday, reaching $21.94. The stock had a trading volume of 359,749 shares, compared to its average volume of 418,990. The firm has a 50-day simple moving average of $22.06 and a 200 day simple moving average of $22.15. iShares iBonds Dec 2028 Term Treasury ETF has a 12 month low of $21.91 and a 12 month high of $22.49.

iShares iBonds Dec 2028 Term Treasury ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.0701 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Tuesday, September 1st.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.